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Insurance Related Topics 
Construction Marketing
OCTOBER 19, 2021
Having snow removal insurance is important, considering the risks and dangers of snow removal and deicing. This article will show you the things you need to know about snow removal insurance. . What Is Snow Removal Insurance? Why Is Snow Removal Insurance Important?
Construction Marketing
JANUARY 13, 2022
Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? Mobile and tower crane operator insurance. Construction Insurance
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Business Facilities
DECEMBER 30, 2020
The Hartford Region is home to the headquarters of most of the leading global players in the insurance sector. The insurance industry generates more than $16 billion in output in the region, employing more than 70,000.
Construction Marketing
DECEMBER 27, 2021
Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance. Builders Risk Insurance.
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Construction Marketing
JANUARY 24, 2022
If you, as an employer, have 1099 employees on your staff from time to time, you may be wondering whether you are required to provide health insurance to them. Do Employers Have to Provide Health Insurance to Contracted Employees? Resource 1099 employees Health Insurance
Construction Equipment
JANUARY 6, 2021
Zurich North America offers Construction Weather Parametric Insurance does not require physical loss or damage in order to claim weather-related losses.
Business Facilities
OCTOBER 7, 2021
Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups.
Construction Equipment
FEBRUARY 8, 2021
Insurance companies offer usage-based insurance (UBI) in the automotive industry, but heavy equipment managers will probably not find anything similar for several years. UBI uses telematics to tie insurance costs to the way a vehicle is operated.
Construction Equipment
JANUARY 10, 2020
The president/CEO of American Rental Association Insurance will retire at the end of February. Kelling has been with ARA Insurance since 1997, and led ARA Insurance to grow from a small insurance agency with four independent agents to
Construction Business Owner
APRIL 25, 2022
6 Insurance Issues to Monitor as Conflict Unfolds in Ukraine. In addition to disrupting the global geopolitical picture, Russia’s attack on Ukraine has brought several insurance issues to the forefront hirvin. Mon, 04/25/2022 - 11:10.
Construction Business Owner
JUNE 14, 2022
Proactively Tailoring Your Insurance Plan to Intercept Future Risk. hirvin. Tue, 06/14/2022 - 13:49. Construction projects run on a strict timetable.
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The Constructor
JUNE 25, 2022
If you’re a part of a construction company, you must realize how important it is to have reliable equipment. Without the right tools and. Construction Engineering & Management Construction Equipments
NH Construction Law
JANUARY 30, 2022
When a contractor or subcontractor is sued for defective workmanship, one of his first thoughts is likely to be whether the damages are covered by his liability insurance. As I have noted elsewhere ( Blog # 37 ), the cost of repairing defective work itself (as opposed to the cost of addressing any resulting damage to other property) is rarely covered by the defendant’s insurance policy. Vermont Mutual Insurance Co. ,
Collaborative Construction
APRIL 14, 2017
How does integrated project insurance differ from integrated project delivery? How does Integrated Project Insurance differ from Integrated Project Delivery? Integrated project insurance (IPI) protects integrated project delivery (IPD) teams from risks related to catastrophic natural disasters or project related accidents. The same is true of insurance products available to integrated teams. Integrated Project Insurance (IPI) appears to be a response to that mandate.
Green Building Law Update
MAY 12, 2019
In a case having broad implications given the wide mandatory recycling of restaurant waste cooking oil across the country, in a decision filed on April 29, 2019, a federal appeals court held that contaminated recycled fat could trigger the “pollution exclusion” in an insurance policy. Restaurant Recycling, in turn, sued Employer Mutual Casualty Company, seeking a declaratory judgment that the insurer had a duty to defend and indemnify Restaurant Recycling.
Construction Marketing
SEPTEMBER 25, 2018
Filing a roof replacement insurance claim may be your only chance of taking care of the necessary repairs and renovations, especially after a huge storm, water damage, or other calamities and catastrophes. This having been said, here are 5 tips for filing a roof replacement insurance claim. It’s important that before you file for roof replacement claim, take into account the particulars of the homeowner’s insurance policy. Contact the Insurance Policy.
Pro Builder
MAY 10, 2021
FEMA Moves to Improve Flood Insurance Program. NAHB Policy Brief | The next phase of the National Flood Insurance Program is supposed to better reflect the actual risks to properties; builder confidence increased during April. . mbeirne. Mon, 05/10/2021 - 06:00.
ENR Construction
FEBRUARY 25, 2022
More than half of insurers surveyed in new study by broker Ames & Gough report claim severity was worse in 2021 than the prior year, with half saying they raised premiums 6% to more than 10
Green Industry Professionals
JULY 14, 2016
Tips on how to make sure your business and its equipment have the proper insurance coverages, without paying unnecessarily high premiums or putting yourself at risk
Pro Builder
JUNE 17, 2021
Managing Rising Construction Costs: Insurance. Builders and remodelers carry insurance policies that cover risks for the project, and coinsurance clauses, which are in many policies, say the builder should maintain coverage up to a specific value.
Construction Business Owner
OCTOBER 30, 2015
Drones are well suited for applications in construction, agriculture, energy, wireless communications, insurance, search and rescue, law enforcement, firefighting, real estate, photography and film Unmanned aircraft systems (UAS), commonly referred to as drones, represent an enormous growth industry with potential uses across many trades.
ENR Construction
FEBRUARY 2, 2021
An insurance giant says its new project loss insurance can address estimating errors
Green Building Law Update
FEBRUARY 12, 2014
Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP). Among the most common of the insurance coverages is a pollution legal liability policy.
Collaborative Construction
SEPTEMBER 25, 2010
Many of those challenges, even the insurance conundrums raised in this post, can be addressed through integrated agreement. Here, I want to highlight the need for a new generation of integrated insurance products designed to protect integrated team members. A new insurance product is needed. Currently integrated team members are insured under separate policies, and there are no insurance products available on the US market that fit the needs of an integrated team.
Pro Builder
FEBRUARY 9, 2022
Climate Emergencies Are Pushing Insurance Rates Higher for Migrating Retirees. Homes at risk of extreme weather emergencies are becoming harder to insure, forcing some homeowners to accept higher rates, and leaving others entirely without coverage.
Construction Law Monitor
SEPTEMBER 17, 2012
According to a recent Press Release from Marsh , a leader in insurance broking and risk management, construction firms across the U.S. Insurance rates have been declining for close to a decade, but rates are forecasted to increase between 8 and 10 percent. Construction Practice, stated, “This comes against the backdrop of medical cost inflation and changes to some state statutes that have extended coverage beyond the insurers’ originally intended scope.”
ENR Construction
NOVEMBER 12, 2021
Project extensions are becoming more difficult in today’s property/casualty insurance market
Construction Business Owner
AUGUST 16, 2018
Twenty years ago, no one had heard of cyber insurance, and a hacker was someone with a cough. As recently as 10 years ago, many people still did not know how exposed they were to clandestine attacks on their data
Construction Junkie
JULY 27, 2020
Well, now at least one insurance company believes that, as well. I’ve admittedly been focused mainly on the productivity gains from using technology, but getting a discount from an insurance company to use it is an interesting side effect. courtesy of Procore.
Construction Dive
FEBRUARY 22, 2018
Here are the major insurance issues to consider to avoid financial setbacks, as well as damage to professional and personal relationships
Lets Build
MARCH 21, 2019
Guest posts contractor general contractor insurance main contractorWhile it’s true that life is a gamble, you should never risk what you can’t afford to lose. This principle holds weight in many different aspects of life, especially those that involve substantial risk – hiring a general contractor included. Though it’s relatively cheaper, going for an uninsured contractor isn’t a good idea. When you.
Construction Equipment
DECEMBER 14, 2017
Arity, a spin off from Allstate Insurance, currently watches more than a million drivers for Allstate and online Esurance. With that data, Arity assigns individual drivers a score, similar to credit a score, with which Arity's insurance company clients are able to base their rates on their customer's actual driving behavior Telematics data is collected from drivers who have agreed to let Arity monitor their driving habits in exchange for better rates.
Construction Law Monitor
DECEMBER 27, 2012
Back in 2009 this blog reported on the very topic of Workers Compensation insurance, stating that 1 and 5 businesses are breaking workers compensation laws. The main reason being is due to the exorbitant price of this insurance on contractors. Although the price to insure all employees under workers comp insurance is high, the price that is paid if an accident happens to an uninsured worker is much higher.
Green Industry Professionals
AUGUST 10, 2014
Tips to save money and pick the right insurance for your winter snow removal business
Construction Business Owner
JULY 6, 2016
The construction insurance market is responding positively to these efforts, rewarding owners and builders that are operating their businesses efficiently and managing their risks properly with lower insurance premiums, broader coverage and higher limits As the United States construction market heats up, there is a renewed focus on improving operational efficiencies and embracing risk management strategies that could offer a meaningful financial impact.
Construction Business Owner
OCTOBER 14, 2015
General contractors, subcontractors and business owners risk substantial financial loss if they enter into contracts that are not supported by their insurance program. This risk has increased since the Insurance Services Office (ISO) made significant revisions to Additional Insured Endorsement forms in 2013, creating even more unexpected exposures and liabilities
ENR Construction
FEBRUARY 10, 2022
The insurance broker is accused of stealing $350,000 from his client, a Brooklyn contractor
ENR Construction
APRIL 15, 2020
One pandemic insurance product was introduced in 2018
Construction Law Monitor
SEPTEMBER 4, 2011
Contractors who have equipment, property and unfinished work need to report any flood, wind or wind driven rain damage to your general liability insurer in a timely fashion so that you may collect reimbursement for damages sustained from this storm. Your insurer will assign a claims specialist to assess the damage and this person is who you will work with to obtain reimbursement. Remember to consult with an attorney or your insurance agent when reviewing the terms of your policy.
Collaborative Construction
SEPTEMBER 5, 2013
If BIM is the New Standard of Care what the HE double sticks are the insurance companies doing? New insurance products that support and enable the creation of integrated teams and the delivery of BIM in an IPD environment won''t happen if the built industry sits back and waits for the insurance industry to respond. Insurance companies and their lawyers are inherently risk averse and want nothing to do with anything new.
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